
The Week’s Highlights

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If DBC can be used as a proxy for overall commodity direction, it seems that it has fully escaped its descending channel and perhaps has begun a fundamentally new bullish trend.
Google (Alphabet) had a blowout quarter and is at record highs. Here’s their business model:
Like all tech stocks, SMCI went soaring last week, but it may well turn out all that it accomplished was to provide another great entry point for the bears! This is an impressive right triangle top, although there is some wiggle room higher if it wants to close that gap.